May. 30 at 4:56 PM
$ECC Eagle Point (ECC) Q1 Earnings Top Estimates.. !
Eagle Point (ECC Quick QuoteECC - Free Report) came out with quarterly earnings of
$0.28 per share, beating the Zacks Consensus Estimate of
$0.26 per share. This compares to earnings of
$0.29 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 7.69%. A quarter ago, it was expected that this management investment company would post earnings of
$0.29 per share when it actually produced earnings of
$0.27, delivering a surprise of -6.90%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is
$0.27 on
$52.95 million in revenues for the coming quarter and
$1.01 on
$211.8 million in revenues for the current fiscal year
